What is an MBA in Logistics and Supply Chain Management?
An MBA in Logistics and Supply Chain Management is a specific two-year graduation program. In this program, students learn about logistics strategies to advance cycles like inventory management, distribution, and procurement. This course also includes technology integration, global supply chain dynamics, and risk management.
In MBA ESG’s MBA in Logistics and Supply Chain Management program, students are prepared for positions of authority where they can strategically plan and implement supply chain solutions, guaranteeing functional effectiveness, versatility for worldwide business sectors, and adaptability to take on expected difficulties.
Highlight About the MBA in Logistics and Supply Chain Management
1. Curriculum: The program offers an extensive educational plan covering
transportation, inventory management, procurement, global logistics, and strategic supply chain design.
2. Industry-Relevant Skills: Graduates obtain highly valued skills, for example, strategic thinking, problem-solving, data analysis, negotiation and initiative customized to the requests of the inventory network industry.
3. Networking Opportunities: Events like networking seminars, guest lectures, and field trips help students make connections with professionals that can help them advance in their careers.
4. Career Advancement: The program positions graduates for leadership roles in logistics, supply chain management, and operations, tending to the growing demand for skilled professionals in these fields.
5. International Exposure: Up to 20% of teaching by international faculty, guaranteeing a worldwide viewpoint in the program.
6. MBA ESG Advantage: Enjoy a special educational opportunity with a 15-day visit to Paris, provided by the program. This experience gives a top-to-bottom comprehension of French industry and culture, enriching the general growth opportunity.
Eligibility Criteria
Each college and university establish its minimum eligibility criteria for courses. The common minimum requirements are:
● Should have graduated from any stream.
● Should not have any current backlog.
● Should pass with at least 50% in graduation.
● Work experience can strengthen the relevance of your application, although it is not a compulsory requirement across various institutions.
Entrance Exams
The majority of colleges and universities conduct entrance exams to assess the eligibility and capabilities of students.
To be eligible for the entrance exam leading to an MBA in Logistics and Supply Chain Management, candidates must have successfully completed a bachelor’s degree. Candidates are required to take either the CAT, GMAT, or an entrance exam specific to the institution.
For admission to MBA programs at MBA ESG, prospective students must undergo the JET (Jain Entrance Test) aptitude test as a mandatory component of the admission process.
Admission Process
● Completion of an undergraduate degree with a minimum academic performance record.
● Candidates are required to complete the online application form for courses or programs through the official website of the college.
● They must adhere to the predetermined criteria specified by the institution.
● Following the entrance exam, the institution conducts an interview as part of the final selection process.
● Submission of fees is required once the institution has chosen the candidate for admission.
Top Colleges for MBA in Logistics & Supply Chain Management in India
Here are the best MBA in Logistics and Supply Chain Management colleges in India. These institutions equip students with the theoretical knowledge and practical skills they need to succeed in the ever-changing field of supply chain management.
1. MBA ESG for Logistics & Supply Chain Management
MBA ESG College in India offers a leading MBA program in e-commerce, logistics, and supply chain management, promoting cross-functional cooperation and industry relevance. The curriculum was developed collaboratively with industry experts, and stands out as one of the best MBA institutions in India. It associates academic knowledge with real-world applications through experimental pedagogy and professional conferences.
The program addresses the booming e-commerce market, estimated to reach $380 billion by 2025, and recognizes the need for skilled professionals to optimize logistics operations.
2. Jain Institute of Management and Research
3. IIM, Udaipur
4. Amity University, Noida
5. Lovely Professional University (LPU)
6. Chandigarh University
MBA in Logistics & Supply Chain Management Fees
When applying for MBA in Logistics & Supply Chain Management colleges of India, the fee structure involves:
● The course fee amounts to INR 10,00,000 for a duration of two years.
● The supplementary expenses for essential items like books, study materials, library access, and more may range from an average of 20,000 INR to 1,00,000 INR as a one-time expenditure.
● Students have the option to seek scholarships provided by the MBA institution of their preference.
Costs vary between colleges based on factors like location, facilities, and academic environment. The candidate should review everything to make informed decisions.
MBA in Supply Chain & Logistics Management Skills Required
An MBA in Supply Chain and Logistics Management requires a multi-layered range of skills to effectively explore the complexities of contemporary business tasks.
1. Ability to analyze complex data to optimize supply chain processes.
2. Effectively convey ideas and collaborate with diverse stakeholders.
3. Aptitude for identifying and resolving logistical challenges.
4. Efficiently manage time to meet deadlines and ensure operational efficiency.
5. Good at negotiating contracts and managing vendor relationships.
6. Precision in managing intricate aspects of supply chain processes.
7. Understanding and meeting customers’ needs to enhance satisfaction.
Course Syllabus
While curriculum designs vary across institutes, here are the semester topics of the MBA in Logistics and Supply Chain Management Syllabus.
Semester 1:
Business Economics, Marketing Management, Organizational Behavior, Financial Accounting, Business Statistics, Business Communication, Design Thinking, Introduction to E-commerce, logistics and supply chain.
Semester 2:
Business Law, Business Research Methods, Financial Management, Human Resource Management, Management Information System.
Mandatory Electives:
Fundamentals of Logistics & Supply Chain Management, Containerization & Multiple Transport, Transport Conventions, Documentations
Semester 3:
Operations Management, Project Management, Corporate Governance
Mandatory Electives:
Data Mining and Data Warehousing, Productivity & Quality Management, Inventory and Material requirement planning, Network Design, Procurement, Storage Management and more.
Semester 4:
Entrepreneurship Development, Strategic Management
Mandatory Electives:
Data Analytics, Port & Airport Management for logistics, international logistics and management, Supply chain performance metrics and Drivers.
Career Scope for MBA Logistics and Supply Chain Management in Future
An MBA proficient in Logistics and Supply Chain Management is knowledgeable about exploring the intricacies of worldwide supply chains and giving vital experiences to drive business achievement. Having a far-reaching range of abilities, specializing in analyzing market demands, conducting thorough research on procurement strategies, and studying industry trends across diverse sectors such as manufacturing, healthcare, IT, agriculture, and chemical sciences.
MBA in Logistics and Supply Chain Management scope in the market is significant, with developing interest for experts prepared to advance and oversee progressively complex worldwide supply chains.
Job Opportunities After MBA in Logistics and Supply Chain Management
After finishing an MBA in logistics and supply chain management, graduates can explore different open positions in different areas with a decent salary of MBA in logistics and supply chain management. Some potential professions include:
● Supply Chain Manager
● Logistics Manager
● Procurement Manager
● Operations Manager
● Inventory Manager
● Demand Planner
● Consultant in Supply Chain Management
● Project Manager (Supply Chain Projects)
● Quality Control Manager
● E-commerce Operations Manager
● Global Logistics Coordinator
● Risk Analyst (Supply Chain)
● Warehouse Operations Manager
● Sustainability Manager (Supply Chain)
● Transportation Manager
MBA in Logistics and Supply Chain Management Salary
Depending on experience, industry, and specific roles in the field, an MBA in Logistics and Supply Chain Management can result in annual salaries starting from INR 3.5 lakh to INR 8.88 lakh for an entry level supply chain professional. The MBA in Logistics and Supply Chain Management salary also varies depending on the location of the organization.
MBA in Logistics & Supply Chain Management FAQs
Is an MBA in Logistics and Supply Chain Management Worth It?
An MBA in Logistics and Supply Chain Management holds huge value in the ongoing industry landscape. Choosing this educational path demonstrates a commitment to staying ahead of industry developments. Students are provided with a comprehensive set of technical skills with the latest technologies. Also, it develops decisive reasoning abilities fundamental for exploring the intricacies of present-day production network difficulties. For those arranged to set out on the journey of pursuing an MBA in this field, the degree fills in as an entryway to progress, equipping students with the knowledge and analytical ability expected to succeed in the consistently developing logistics and supply chain domain.
When Will the Registration Process Start in India?
The registration process for MBA programs, including Logistics and Supply Chain Management, varies among institutions in India. Regularly beginning a while before the scholastic year, the enrollment time frame for MBA ESG programs ranges from September to May. During this time, students can present their applications for consideration. Prominently, the entrance test for these projects is conducted from January 13 to May, forming a crucial component of the admissions process. Candidates have ample time within this time frame to prepare for the institution’s entrance exam.
Why Should I Choose an MBA in Logistics and Supply Chain Management?
Pursuing an MBA in Logistics and Supply Chain Management provides a strategic pathway to a dynamic career. Given the high demand for supply chain specialists across the globe, this specialized program provides in-depth knowledge, leadership abilities, and managerial acumen. The program opens different and rewarding professions with amazing doors as well as encouraging problem-solving and analytical thinking skills.
What is the Scope of an MBA in Logistics and Supply Chain Management?
An MBA in Logistics and Supply Chain Management offers broad vocation potential open doors in career, for example, Supply Chain Manager, Logistics Manager, Procurement Manager, and more across various industries. The program’s emphasis on authority and critical thinking abilities upgrades its scope, making graduates valuable in managerial and decision-making roles. With the worldwide extension of organizations, professionals with expertise in supply chain dynamics are in high demand. The scope also extends to entrepreneurial ventures for those interested in beginning their own logistics or supply chain businesses. By and large, this MBA gives a flexible and dynamic profession with sufficient chances for development and progression.
